BMO Financial Group Business Analyst, Corporate Banking Full Time in Toronto, ON

BMO Financial Group

Branch Toronto ON CA

Business Analyst, Corporate Banking
Toronto, ON

Oil & Gas, Broker Dealers, etc). Provides support for the substantial Corporate Banking I&CB & Trading Products portfolios of ~ 1500 relationships, and…

The purpose of this role is to support the I&CB Corporate Banking lending line of business’ ability to execute the 1 st line of defence accountability for portfolio and risk management activities, and for the efficient functioning of the LOB. As an integral part of the team, the Business Analyst, Corporate Banking assists the Corporate Bankers by taking responsibility for the operation of certain key business processes, and by responding effectively to customer and banker requests. Responsibilities include operational functions such as client onboarding, portfolio maintenance activities. Responsibilities are dependent upon location and may include support for certain cash management-related activities. The allocation and type of functions depends on the needs of the individual group.

AML/UEN/Client Onboarding Requests

  • Initiate UEN requests for new deal set-up. Input new client/new product information in Fenergo client onboarding system and interface with the Client Onboarding (COB) group
  • Initial review of AML checklists, track changes and coordinate completion of annual reviews. BA will review AML analyst changes and ensure checklist is correct before sending to banker for approval.

Portfolio Activity and Maintenance

  • Manage legal documentation and compliance exceptions with Banker and client
  • Complete Administration Forms for syndicated deals
  • Maintain Moody’s, S&P and KMV databases used for trigger monitoring
  • Complete other portfolio monitoring (e.g. track receipt of EV approval post final forming of CAF, track rating alert due dates, etc.) as required by or unique to individual Corporate Banking teams (i.e. Oil & Gas, Broker Dealers, etc)
  • Troubleshooting and error correction on the profitability reports to ensure revenues are correctly flowing and accounted for
  • Special projects as needed (i.e. remediation and other one off requests)

Cash Management Support (examples and may vary by team and jurisdiction)

  • Assist with regular monitoring or ad-hoc requests for information from the line of business for overdrafts, ACH utilization information; engage T&PS service professionals and bankers when appropriate
  • Provide transaction support processing (e.g. manual wires, internal transfers, cashier’s checks); facilitate timely NSF wire approvals
  • Assist in opening, closing and transactions through cash collateral accounts
  • Initial preparation of GPAS (Canada)
  • Complete audit requests from customers’ accounting firms and upload to Livelink; handle credit references
  • Process any maintenance requests needed for loan or deposit accounts through appropriate operations units
  • Request payoff printouts and create payoff letter to customer
  • Code and process loan related expenses
  • Process payments received by check
  • Manage daily account transactions for customers especially the high touch, highly sensitive customers

Credit Approval Support Functions

  • Assist Bankers in the credit approval process for new and renewed transactions via the preparation and population of the Credit Approval Folder (CAF). This would typically entail setup of new or updated client information in the lending system application, initiation of the LTS (Lending Transaction Summary) populated for the request type (New Transaction, Annual or Interim Review), assign user access rights, select entities to be reviewed, populate borrower, sector/industry and ownership codes, publish the folder to Livelink, populate and update with key source documents (financial statements, projections, engineering/enterprise valuation reports, rating agency reports, CIMs, etc.) and carry forward documents (previous year’s term sheets, OBS, etc)
  • Other duties (eg. relevant industry data) as required

Risk Management & Control

  • Within the mandate of this role, promote, adhere and support the Bank’s risk culture; lead by example.
  • Within the mandate of this role, maintain internal controls to support management decision-making that protects our assets and adheres to applicable corporate policies, operating directives, laws and regulations (including risk, compliance, and AML).


  • Provides advice and guidance to the bankers on standard operating procedures and adherence to corporate guidelines
  • Requests information and action from operational support groups

Scope and Impact:

  • Provides support for the substantial Corporate Banking I&CB & Trading Products portfolios of ~ 1500 relationships, and including multiple major cash management clients
  • Maintains individual and process efficiency, productivity and quality
  • Performs all responsibilities according to established service levels and procedures/guidelines
  • Ensures client satisfaction through a high level of customer service and professionalism, adhering to policies and procedures



  • Bachelor’s degree in business/business administration or other equivalent post-secondary diploma with 1- 2 years related work experience

  • Understanding of accounting principles and various types of financial statements a plus



  • Strong attention to detail, and a high degree of accuracy

  • Ability to handle multiple priorities in a deadline environment
  • A collaborative, team and relationship orientation with Corporate Bankers, and with colleagues on other teams
  • An organized and systematic approach to work
  • Analytical and problem solving skills
  • Ability to work independently and take ownership of personal performance and development
  • Ability to utilize multiple PC software applications
  • A high level of professionalism

At our company, we have been helping our customers and communities for over 195 years. Working with us means being part of a team of talented and passionate individuals with a shared focus on working together to deliver great customer experiences. We stand behind your success with the support you need to turn your potential into performance.

To find out more visit our website at www.bmo.com/careers .

BMO Financial Group is committed to an inclusive, equitable and accessible workplace. By embracing diversity, we gain strength through our people and our perspectives. We welcome and encourage applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

Job Capital Markets
Primary Location Canada-Ontario-Toronto

Organisation I&CB-X000016
Schedule full-time
Job Posting 02/07/17
Unposting Date Ongoing

or proceed with Standard Application Form.

Employment Type: Full Time
Location: Toronto, ON, CA
Posted on: 2017-02-11
Posted by: